What is the grant available for?
Any eligibility criteria
Business Capital Grant
This Capital grant can cover businesses investing in tangible and intangible assets, diversification of the output of an asset into new additional products, or a fundamental change in the overall production. This may include capital expenditure on the acquisition or creation of fixed assets.
Typical projects could be:
- CNC Machines & Laser Cutters
- Spray Paint Equipment
- Industrial Printers and printing equipment
- Shot Blast units & Compressors
- Warehouse racking and Forklift trucks
- Drones & Specialist video equipment but not software
- Capital costs associated with building expansions, such as materials associated with new expansion or buildings (not acquisitions of new freehold or leasehold properties and/or refurbishment of existing land and buildings).
Business Sustainability Grant
Eligible Activities:
- Energy production infrastructure – solar PV, biomass boilers etc.
- Energy Efficient Products – LED lighting and associated energy saving technologies.
- Building Improvements – Replacement boilers to more efficient or heat source pumps, improving insulation etc.
Typical projects could be:
- Purchase of LED lights throughout the business property.
- Purchase of solar panels on roofs for generation on behalf of the business.
- Upgrade of inefficient boiler to a modern, hydrogen ready boiler.
- Upgrade of inefficient heating systems to more eco-friendly solutions.
- Purchase of supplementary battery storage systems associated with renewable energy production.
- Purchase of EV charging stations.
- Building Management systems to reduce energy consumption.
Digital and Marketing Grant
Eligible Activities
- Digital Marketing – google ad words campaigns, consultant costs looking at digital improvements across the business. (Revenue)
- Marketing Campaigns &/or marketing consultancy (Revenue)
- Business growth consultancy support (Revenue)
Typical projects could be:
- Purchase of new software to improvement customer management journey
- Investment into AI technologies/software (please note – no support will be available for investment into any associated hardware for AI technologies).
- Purchase of bespoke software to deliver a new service/product.
- Contribution towards a digital marketing campaign
- Procurement of marketing consultants to develop a new marketing strategy for a business looking at growing its client reach.
- Moving a current website from regional / nation to international market – to increase existing export potential.
What grant amounts are available?
Business Capital Grant
Small and Micro Businesses – Maximum amount of funding £5,000 up to a 40% intervention rate
Open to All Sized Businesses – Maximum amount of funding £50,000 up to a 30% intervention rate
Business Sustainability Grant
Small and Micro Businesses – Maximum amount of funding £5,000 up to a 40% intervention rate
Open to All Sized Businesses – Maximum amount of funding £30,000 up to a 30% intervention rate
Digital and Marketing Grant
Open to All Sized Businesses – Maximum amount of funding £10,000 up to a 40% intervention rate
Who provides the grant?
Government
How to apply for the grant?
To find out more please click here.